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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by cavinsinon Aug 01, 2016 9:11am
93 Views
Post# 25100075

RE:RE:RE:RE:RE:RE:RE:RE:Get out before it all comes crashing down

RE:RE:RE:RE:RE:RE:RE:RE:Get out before it all comes crashing downYeah right, go hedge your long position with puts, $ 6-8G's for 1k shares, ( 6-8,000 for 10 puts, that is ridiculously expensive, You should newer pay more than 5% of the share price for calls or puts, you are better off either selling your shares or hold and hope for the best, Even in the worse case scenario shares will not drop $8. and if there is turnaround you will, loose your puts value. If you are not sure of what to do,  ask someone who can explain to you risk/reward scenario.
I do know few fund managers that are not bailing out, before August 12th. This will turn around and will be explosive, very explosive
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